The Indian Rupee Slipped In The Early Trade On Friday It Has Opened Lower By 34 Paise - Dollar Advisory Financial Services

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Friday 8 June 2018

The Indian Rupee Slipped In The Early Trade On Friday It Has Opened Lower By 34 Paise



The Indian rupee slipped in the early trade on Friday. It has opened lower by 34 paise at 67.46 per dollar versus 67.12 yesterday.

Rupee fell in the second half of the session following broad strength in the dollar against its major crosses and uptick in global crude oil prices. Yesterday, oil prices rose following reports that Venezuela is nearly a month behind delivering crude to customers from its main oil export terminals.

In the recent past, it has been observed that higher crude oil prices have weighed on the rupee, said Motilal Oswal.

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